The New Trans-Pacifc Partnership: Smaller, but Just as Ambitious

Canada recently signed the Comprehensive Progressive Agreement for Trans‑Pacific Partnership (CPTPP), a free trade agreement with ten other nations representing 13.4% of the world’s GDP, seven of which are new agreements. This Economic Viewpoint strives to present the agreement and its implications for Canada’s economy. Although the benefits may be relatively slight for the overall economy, some sectors could gain, while others may be more disadvantaged.